China has reportedly given conditional approval to DeepSeek for NVIDIA's (NVDA) H200 chip
The conditional approval by China for NVIDIA's H200 chip signifies a crucial step in the company’s expansion in the Chinese market, potentially increasing its competitive edge in the semiconductor sector.
Newsquawk Daily European Equity Opening News - 30th January 2026
Fitch affirms South Korea's credit rating at AA-, Outlook Stable
China has reportedly given conditional approval to DeepSeek for NVIDIA's (NVDA) H200 chip
China smartphone shipments (Y/Y): Dec -29.4%, FY25 -3.3%, via CAICT
China plans a CNY 200bln capital injection into its biggest insurers, Bloomberg reports
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- Reuters also said that authorities approved purchases by ByteDance, Alibaba (BABA) and Tencent (TCEHY).
This news not only benefits NVIDIA but also enhances the prospects for firms like Alibaba, Tencent, and ByteDance, indicating a possible thaw in regulatory constraints that could boost overall sentiment in the tech and media sectors. Investors should watch for price movements in these stocks as market reactions unfold.
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